For decades, Mitsubishi competed in various forms of racing, particularly off-road and rally racing, and achieved much success despite not being a major auto manufacturer. In doing so, the company demonstrated its engineering prowess, which spawned generations of vehicles utilizing Mitsubishi’s famed all-wheel drive technologies. In recent years, however, the Japanese brand has skidded into a series of rough patches and has seemingly lost its way in the form of falling sales figures. With much of the competition leaving Mitsubishi in the dust, doubts have arisen over the viability of ...

Recently the U.S. Energy Information Administration (EIA) released an early version of its “Annual Energy Outlook” report for 2014 (AEO2014). Each year the organization publishes a long-term energy assessment that is intended to be used “as a starting point for analysis of potential changes in U.S. energy policies, rules, or regulations or possible technology breakthroughs.”
Contained within the pages of the early AEO2014 release are numerous projections that deal with the EIA’s reference case (or the most probable forecast) for energy market trends, which shou ...

Used vehicle depreciation for units up to eight years in age dropped by 0.7% over the first half of December, which is a trajectory in line with NADA’s full-month forecast of 1.5%. Should the month finish as expected, used vehicle prices will end the year 0.5% higher than 2012’s record high level; in addition, depreciation would be on par with what has been recorded for December over the past few years (excluding 2012’s abnormally strong result stemming from Hurricane Sandy).
Across segments, depreciation has largely fallen within a tight range of 0.2% to 0.7%, with co ...

Looking at November new sales, all of General Motors’ (GM) brands saw significant increases, with GMC reporting the biggest of the month as sales grew by 20%. The largest contributor towards GMC’s success was the performance of two models in particular: Acadia and Sierra deliveries increased by 108% and 23%, respectively, which accounted for the lion’s share of total brand sales. For Buick, sales increased by 13%, mainly because of the all-new Encore, introduced in Jan. 2013, which accounted for 2,663 additional sales for the brand.
GM’s volume leader Chevrolet m ...

It makes sense: incentivizing someone to purchase a car with cash, finance deals or lease deals reduces the price of that vehicle down the road. But just how much the different types of incentives impact used prices may surprise you.
A new vehicle cash incentive of $1,000 reduces the price of a one-year-old used vehicle by nearly $600, while $1,000 spent on finance and lease incentives reduces the price of that same one-year-old vehicle by $165 and $89, respectively.
If market conditions, such as the economy, time of year, level of supply, etc. and manufacturer suggested retai ...

Back in 2000, there were eight mid-size pickup models on the market. Today there are only three with Toyota's Tacoma and Nissan's Frontier comprising the lion's share of new deliveries and Honda’s Ridgeline with the smallest piece of the pie. As a percentage of total new vehicle sales, mid-size pickups were responsible for 6.2% of all deliveries in 2000, although by the end of last year the segment's share had fallen to just 2%. Recent sales show that through October of this year share has fallen even further, reaching a scant 1.6%.
The falloff in new vehicle sales ...